Conio, an Italian company specializing in cryptocurrency wallets and services, is rapidly expanding its product range. The company has introduced new features to its app, including the addition of 12 new digital assets and a crypto-to-crypto conversion functionality. Conio plans to add up to 50 assets to its app by the end of the year and extend its custody solution to EVM-based blockchains like Ethereum, Polygon, and Avalanche.
Custody is a key focus for Conio as it aims to provide secure and affordable solutions for both private clients and financial institutions. The company recognizes the growing interest in custody solutions for digital assets and is at the forefront of extending its technology to support various blockchains.
Conio has developed a multi-signature solution to address the security challenges of custody. This system combines the advantages of self-custody with the ability to recover funds at any time, providing a balance between security and accessibility.
Customers value Conio’s multi-signature solution, particularly banks and institutions that prioritize security in their business decisions. Private clients also appreciate the level of protection offered by Conio’s technology, especially considering recent incidents involving exchanges.
In terms of milestones, Conio was selected as one of six Italian fintech companies in the Visa Innovation Program Europe 2023. Additionally, it was named a Sample Vendor in the Blockchain Wallets category in Gartner® Hype Cycle for Blockchain and Web3 for the third consecutive year. These recognitions have helped solidify Conio’s position in the Italian market and pave the way for expansion when MiCar comes into force.
Looking ahead, Conio is focused on renewal and consolidation in 2023. The company has exciting partnerships and features planned for the coming year.
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